Zomato Acquires Paytm’s Entertainment Ticketing Business

August 22, 2024

In a recent development, Zomato has approved the acquisition of Paytm’s entertainment and ticketing business for ₹2,048 crore in a cash deal. This move marks Zomato’s expansion into the broader lifestyle services sector, including dining, movies, sports ticketing, live performances, shopping, and staycations. Meanwhile, Paytm aims to refocus on its core financial services. Market Impact …

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Former CSIR Director-General Girish Sahni Passes Away at 68

August 22, 2024

Dr. Girish Sahni, the former director-general of the Council of Scientific and Industrial Research (CSIR), passed away on August 19, 2024, at the age of 68. Sources reported to The Hindu that the cause of death was a heart attack. CSIR expressed its mourning through a post on X (formerly Twitter) at 5:40 pm on …

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Rajesh Nambiar Named NASSCOM President-Designate, Succeeds Ghosh

August 22, 2024

Rajesh Nambiar has been appointed as the president-designate of the National Association of Software and Service Companies (NASSCOM), succeeding Debjani Ghosh, whose tenure concludes in November 2024. Following this appointment, Nambiar has resigned from his role as Chairman and Managing Director of Cognizant India. His extensive industry experience, including leadership roles at TCS, IBM, Ciena, …

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NCLT Approves Slice-North East Small Finance Bank Merger

August 22, 2024

The National Company Law Tribunal (NCLT) has approved the merger of Slice, a leading fintech company in India, with North East Small Finance Bank (NESFB). This merger, sanctioned by the NCLT’s Guwahati bench, marks a significant step towards enhancing financial inclusion in India, combining Slice’s digital expertise with NESFB’s grassroots banking capabilities. The merger was …

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NPCI Launches ‘UPI Circle’ for Secure Payments Among Trusted Users

August 22, 2024

The National Payments Corporation of India (NPCI) has unveiled a new feature called ‘UPI Circle’ on the Unified Payments Interface (UPI) platform, allowing primary UPI account holders to securely delegate payment responsibilities to trusted secondary users. This feature aims to enhance convenience and security in digital transactions by enabling primary users to link their UPI …

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GK Quiz on ISRO, Questions and Answers

August 22, 2024

The Indian Space Research Organisation (ISRO) is India’s premier space agency, responsible for space exploration, satellite deployment, and advancing India’s capabilities in space technology. Established in 1969, ISRO has achieved numerous milestones, including launching satellites, lunar exploration, and even a successful mission to Mars. This general knowledge quiz will test your understanding of ISRO’s history, …

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RBI Forecasts Private Capex to Rise to ₹2.45 Trillion in FY25

August 22, 2024

The Reserve Bank of India (RBI) study forecasts a substantial increase in private capital expenditure, projecting it to reach ₹2.45 trillion in FY25, up from ₹1.59 trillion in FY24. This rise is attributed to robust investment intentions and the ongoing emphasis on infrastructure development. Key Findings The RBI study reveals that the infrastructure sector, particularly …

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3 Online Platforms Launched to Boost Country’s Power Sector Efficiency

August 22, 2024

The Union Ministry of Power launched three new online platforms—PROMPT, DRIPS, and JAL VIDYUT DPR—to enhance efficiency, transparency, and effectiveness in the power sector. These platforms, unveiled by Union Minister Manohar Lal Khattar on August 20, 2024, in New Delhi, were developed by the Central Electricity Authority (CEA) under the Ministry of Power, with NTPC …

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First President of India, Know His Name

August 22, 2024

India, known for its world’s largest democracy, boasts a history adorned with visionary leaders who played crucial roles in steering the national toward its coveted objectives of freedom and prosperity. leading this historical odyssey was Dr. Rajendra Prasad, first President of India. His remarkable life, significant contributions and steadfast commitment to the nation remain a …

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KVIC & DoP Sign MoU For Physical Verification of PMEGP

August 22, 2024

Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises (MSME) signed an important MoU with the Department of Posts working under the Ministry of Communications at KVIC, Rajghat New Delhi office on August 20. Attendees on this occasion In the august presence of Chairman, KVIC, Shri Manoj Kumar, Jt Secretary, MSME Shri …

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Monthly Archives: August 2024

Zomato Acquires Paytm’s Entertainment Ticketing Business

Former CSIR Director-General Girish Sahni Passes Away at 68

Rajesh Nambiar Named NASSCOM President-Designate, Succeeds Ghosh

NCLT Approves Slice-North East Small Finance Bank Merger

NPCI Launches ‘UPI Circle’ for Secure Payments Among Trusted Users

GK Quiz on ISRO, Questions and Answers

RBI Forecasts Private Capex to Rise to ₹2.45 Trillion in FY25

3 Online Platforms Launched to Boost Country’s Power Sector Efficiency

First President of India, Know His Name

KVIC & DoP Sign MoU For Physical Verification of PMEGP

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